Author: News Room
The embattled Director-General of the disowned Presidential Foreign Intervention Promotion Council, Adeniyi Adeyemi, has said the N400m he paid to secure his appointment letter was borrowed money, and that his lenders have since petitioned the Economic and Financial Crimes Commission, demanding a refund. Adeyemi spoke on Channels Television’s Politics Today on Monday night, weeks after he accused the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, of collecting the same N400m through a proxy to facilitate the appointment. “I borrowed this money. In fact, those that I borrowed this money from have reported to the EFCC. I borrowed this…
A wallet last active when Bitcoin was trading near $6,500 transferred $188 million of its holdings in recent days, its first onchain movement in seven years.With the biggest cryptocurrency now trading at around $64,000 apiece, the whale transferred 2,931 Bitcoin (BTC) from wallet “356my” to wallet address “bc1qn” on Sunday, according to blockchain data platform Arkham. The whale is likely looking at a nearly 10-fold gain on the long-dormant holdings, according to blockchain analytics platform Onchain Lens.The transaction comes during a period when whale transfers — those at a minimum of $10 million per Coinglass — are accounting for the majority…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! It’s safe to say that Anthropologie is one of our favorite retailers at Us Weekly, delivering bohemian-chic fashion finds that totally reinvent our everyday style. But as a shopping editor who has covered home and kitchen essentials for over eight years, I have to say the brand goes far beyond my wardrobe. The only problem is that many of my favorites cost a pretty penny . . . until now. Anthropologie is having a huge seasonal sale with discounts on…
Killings of Nigerians in South Africa As the Senate resumed plenary last Tuesday, a primary topic of debate was the recent attacks on Nigerians in South Africa. The senator representing Cross River South, Asuquo Ekpenyong, moved a motion urging the federal government to ensure justice for victims of the xenophobic attacks. During the debate, several senators—including Wasiu Eshinlokun (Lagos Central), Adams Oshiomhole (Edo North), and Abdul Ningi (Bauchi Central)—lamented the continued killings of Nigerians and the destruction of their properties in South Africa. Mr Eshinlokun, a member of the ruling All Progressives Congress (APC), urged the Senate to consider nationalising MTN Group…
The President of the National Union of Road Transport Workers (NURTW), Musiliu “MC Oluomo” Akinsanya, has reflected on his rise from a bus conductor to one of Nigeria’s most influential transport union leaders. MC Oluomo spoke at the 50th golden jubilee birthday celebration of Islamic singer Hafsat Adegoke and the unveiling of her new album, which Fuji musician Saheed Osupa attended. The transport union leader, who has repeatedly faced public ridicule over his spoken English and educational background, said practical experience had given him a greater understanding than many people with university degrees. MC Oluomo also pointed to his children’s…
The principal of Ahoro Esinle School in Oriire Local Government Area of Oyo State, Mrs Rachael Alamu, has explained why one of her first questions after regaining freedom was about her car, saying she initially believed it had been recovered by the police before learning it had been burnt by her abductors. Alamu spoke on Monday after she and the rescued teachers and pupils were formally handed over to Oyo State Governor Seyi Makinde at the Governor’s Office, Secretariat, Ibadan. Her explanation followed reactions to a remark she made shortly after regaining freedom, in which she asked about the vehicle…
Hyundai Motor’s US and Mexican units completed a pilot cross-border treasury transfer using Tether’s USDT stablecoin, settling a $20,000 payment in about seven minutes on the Avalanche blockchain.According to Tether, Hyundai Motor America converted the funds into USDT, transferred the stablecoin to Hyundai Motor Mexico and converted it back into US dollars. The transfer and verification process took about seven minutes, compared with three to four hours or more for a traditional cross-border bank transfer.Tether said the pilot used Axiym’s settlement infrastructure, while Hyundai Card designed the remittance structure and oversaw the regulatory, compliance, accounting and operational requirements needed to…
The federal government has launched the National Guidelines for Public Procurement of Food and Related Services. The framework introduces nutrition standards for food purchased with public funds as part of efforts to reduce unhealthy diets and curb the growing burden of non-communicable diseases in Nigeria. The guidelines, unveiled on Monday in Abuja at an event themed “Public Procurement of Food: Promoting a Culture of National Wellness Through the Food Value Chain,” are expected to influence food served in public institutions, including schools, hospitals, correctional centres and military establishments, by setting evidence-based standards on nutrition, food safety and quality. Delivering his…
Nigeria’s sprint sensation Kayinsola Ajayi, fresh from a sensational Diamond League debut victory in Eugene, faces a significant challenge against the world’s fastest men at this Saturday’s London Diamond League. The 21-year-old arrives in the British capital in high spirits, buoyed by his performance at the Prefontaine Classic in Oregon, where he equalled the Nigerian 100m record of 9.84 seconds to defeat both Jamaica’s Oblique Seville and American star Christian Coleman. This debut triumph has firmly established Ajayi as one of the world’s fastest sprinters this season and a key medal contender for Nigeria ahead of the Commonwealth Games in…
The rescued principal of Community High School in Oriire Local Government Area, Mrs Rachael Alamu, has explained the reason why the kidnappers killed the teachers that were abducted in the state. Alamu made this known while speaking with newsmen on Monday. The principal, the other rescued children and teachers were received by Governor Seyi Makinde at the State Government House. She said, “There are times that we have hope that we will all come out alive. The terrorists killed Mr Michael, the first teacher, on the second day of our abduction and Deacon, the second teacher, was killed on the…
